Nordea selects Veridium for biometric ID
07 February 2018 16:43 GMT

Authentication solutions firm Veridium has announced that Nordic financial services group Nordea is deploying the complete VeridiumID platform to replace tokens with biometric authentication for high privileged access to confidential and secure data.

The biometric firm said this is a critical first step in Nordea’s strategy to transform their organization, "embracing multi-factor biometric authentication" for information security classification, integrated into the data management process.

It added that with the VeridiumID platform, 4 Fingers TouchlessID and VeridiumAD, Nordea will be able to replace tokens with biometrics, conveniently protecting high-privileged access. This effort will provide increased security, ease of use and a lower total cost of ownership that’s scalable and extendable for the enterprise. This initiative is part of Nordea’s strategy to improve how employees access data and accounts while meeting new regulatory compliance demands.

Veridium’s complete software-only solution provides expanded customization and scalability to Nordea to protect their company’s most critical data and increase security and accountability over its data access management.

“Maintaining customer, employee and company data is critical for all organizations – but especially those in the financial industry,” said James Stickland, CEO, Veridium. “With Veridium, Nordea will be able to take its first steps in advancing security for high privilege access and GDPR compliance. We’re delighted Nordea has selected Veridium for their security and authentication needs and look forward to continuing this partnership.”